I just got turned on to MMM and FIRE.. And I know, I know.. we're not supposed to time the market. ...however, given the recent volatility (where it's already had some big drops in the last two months.. and everyone is expecting it to take a dump soon) do I wait to get into indexed funds? I hate to buy in now, and then have the value drives off a cliff. I know it will come back up... but it seems dumb to go in if its widely thought that there is a tumble coming. Thoughts?
Do I wait? How long do I wait? If waiting, what sign should I look for as the trigger to get me into the market?
I have about $350K haphazardly sitting.. doing nothing for me right now and am not sure if I'm a genius or an idiot for sitting on my hands. (ei: I literally have $150K sitting in checking accounts. Duh right!?)